The Justice Department has closed its criminal investigation into Federal Reserve Chair Jerome Powell, ending a probe Powell publicly characterized as political retaliation. The closure comes as Kevin Warsh’s confirmation to lead the Fed could move swiftly, with a potential transition before May 15.
Gemini traders predict a 11% chance the fed will cut rates in June.
FBI Director Kash Patel is navigating a series of high-profile controversies, from a $250 million defamation lawsuit against The Atlantic to Democratic demands for alcohol screening and a dismissed suit against a former FBI official. A separate report reveals the FBI investigated a New York Times journalist who exposed details of Patel’s security arrangements.
Gemini Traders predict a 86% chance Kash Patel will leave Trump Administration in 2026
Kevin Warsh, President Trump’s pick for Federal Reserve chair, will have his first Senate confirmation hearing on Tuesday. This important event could change the direction of the country’s monetary policy leadership. If even one Republican senator votes against him, his nomination could fail. Warsh is also under scrutiny because his personal wealth would make him the richest Fed chair ever.
Gemini Traders have it at 93% that Warsh maintains rates in June.
Iran declared the Strait of Hormuz open as the ceasefire in Lebanon remains strong, leading to a decline in oil prices.
Markets react positively, turning bullish.
Gemini traders estimate a 63% chance that oil prices will stay above $81 by the end of April.
It's Tax Day 2026, and the One Big Beautiful Bill is in effect.
The average refund is up 11% to $3,462.
Notably, only 6.5% of crypto owners reported to the IRS.
Looking ahead, markets give crypto legislation a 69% chance of passing before 2027.
#TaxDay #CryptoTax #Gemini #Bitcoin #markets
The S&P 500 nears a record high as tensions with Iran ease and oil prices fall. SEC removes the $25K minimum for day trading. Here’s what you need to know 🛢️
#sp500 #oil #marketnews
The stage is set for the 90th Masters Tournament at Augusta National, as Rory McIlroy looks to retain his green jacket against world No. 1 Scottie Scheffler and a field vying for $20 million.
#themasters #golf #rorymcilroy #masters2026 #augustanational
The U.S. economy saw a surge in job growth for March, with 178,000 jobs added, surpassing analyst predictions.
However, a closer look reveals a more nuanced situation. Health care led the hiring gains, following a strike rebound, while wage growth slowed and the labor force decreased by 396,000.
The Federal Reserve is expected to keep interest rates steady due to geopolitical uncertainty affecting the outlook.
Swipe through for the full breakdown.
#jobsreport #useconomy #marketnews #unemployment news
It's been one year since "Liberation Day". Here's a rundown of the past year.
The S&P 500 is up 16%, the Nasdaq 25%, and the DOW 10%. Meanwhile, Japan's Nikkei has jumped 50% and the MSCI All Country World Index 18%.
Crypto is getting a quantum-proof upgrade and the race is already underway.
Google’s new research just gave the industry a clearer timeline and teams across Bitcoin and Ethereum are actively building solutions.
2029 is the target. Here’s where things stand.
#crypto #bitcoin #quantamcomputing #cryptonews #blockchain
Oil prices surge 55% in just one month, Strait of Hormuz still not fully operational, and Bab al-Mandab becomes a new concern as Iran refuses to negotiate. Gemini predictions indicate a 48% chance of oil prices remaining above $110 by April's end. #oil #oilprices #news #markets #worldnews
